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There is ample evidence from economic growth literature that investment accelerates economic growth and development of … focused more on encouraging private sector investment through the development of the financial sector. This paper investigates … the short- and long-run impact of financial development on private investment in Ghana for the years 1970 …
Persistent link: https://www.econbiz.de/10011610224
Persistent link: https://www.econbiz.de/10002921322
All participants in capital markets are asking how to finance investments or to invest money available. The answer to these questions depends on the situation you have: deficit or surplus capital. This article addresses issues concerning the place and role of capital market within the financial...
Persistent link: https://www.econbiz.de/10011992017
provides an exhaustive analysis of casuality between aggregate private investment and financial development. GMM estimation on …
Persistent link: https://www.econbiz.de/10012733054
corporate investment. We show that in a sample of publicly listed firms in 10 advanced and emerging markets economies during the … period 1990–2013, bank systemic risk is positively associated with the corporate investment, after controlling for a large … corporate investment varies, depending on firm size and growth opportunities …
Persistent link: https://www.econbiz.de/10012971426
We develop a model of investment with financial constraints and use it to investigate the relation between investment … between q and investment, relative to the frictionless benchmark. We present a calibrated version of the model, which, due to … this effect, generate realistic correlations between investment, q, and cash flow …
Persistent link: https://www.econbiz.de/10014050959
and investment. Based on the literature considered, it can be concluded that there is little consensus to date on the … direction of causality between financial development and investment. The study concludes that most of the research done on the … causal relationship between financial development and investment is highly skewed towards assessing the causal relationship …
Persistent link: https://www.econbiz.de/10011877345
We examine whether capital flows more to high Tobin's q industries and find that it flows more to high q industries from 1971 until 1996 but not from 1997 to 2014. This change is due to a decrease in the q-sensitivity of equity funding resulting mostly from the increased q-sensitivity of...
Persistent link: https://www.econbiz.de/10011969138
firms' investment is funded using financial markets. I then construct a dynamic equilibrium model that matches these … of financial assets, directing funds towards investment opportunities, and charge an intermediation spread to cover their … investment volatility …
Persistent link: https://www.econbiz.de/10013064818
firms' investment is funded using financial markets. I then construct a dynamic equilibrium model that matches these … of financial assets, directing funds towards investment opportunities, and charge an intermediation spread to cover their … investment volatility …
Persistent link: https://www.econbiz.de/10013038047